Bloomberg News

Siluanov Sees No ‘Serious’ Ruble Fluctuations as Oil Still High

May 26, 2012

Russian Finance Minister Anton Siluanov said he doesn’t expect any “serious fluctuations” of the ruble as oil prices remain high.

“Crude prices slightly declined but are still stable and quite high,” Siluanov told reporters today in Moscow. “I therefore don’t expect any serious ruble fluctuations.”

To contact the reporters on this story: Stepan Kravchenko in Moscow at skravchenko@bloomberg.net; Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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